Stop Loan Sharks Free Teaching Resources

The England Illegal Money Lending Team has today launched Free teaching resources to help schools teach their pupils money management skills whilst warning about the dangers of Loan Sharks.

The educational resources include a cartoon, DVD, teacher guidance and classroom resources for children and young people ages 5 19.

The resource has been written by teachers and piloted with schools, and has been awarded the pfeg (Personal Finance Education Group) Quality Mark, a scheme which endorses high quality, effective and up-to-date financial education resources.

The materials have been developed so that they can contribute to a variety of curriculum area, such as Maths, English, PSHE, Drama, Art and Design; they also deliver many core learning objectives from the pfeg primary and secondary planning frameworks including:

• For primary schools: lessons about keeping our money safe, where does money come from and the difference between need and want. It also introduces the idea of saving and looks at issues around borrowing and lending possessions and money.
• For secondary schools: lessons about safer lending and borrowing that reflect key financial inclusion objectives around when and how to borrow, values around money, saving and what can go wrong if you dont make the right choice. There are lessons too on credit, shopping around to get the best credit deal and the dangers of borrowing from loan sharks.

To download the pack visit www.birmingham.gov.uk/stoploansharks